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Generac Launches Bill Me Later Business to Offer Payment Flexibility to Its Dealers

TIMONIUM, Md. - 
      Bill 
      Me Later, Inc. today announced that Generac® 
      Power Systems, a leader in standb
Posted : Tue, 05 Aug 2008 13:37:38 GMT
Author : MD-BILL-ME-LATER
Category : Press Release
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TIMONIUM, Md. - (Business Wire) Bill Me Later, Inc. today announced that Generac® Power Systems, a leader in standby power generation, is now offering the Bill Me Later® Business payment option to the nationwide network of dealers purchasing its Guardian® generators. With Bill Me Later Business, businesses now have a new way to pay for equipment orders without the need to either pre-pay for the order, endure delays of a purchase order process or use a personal credit card. The new payment solution is available for online and call center purchases. Generac is the first consumer durable goods manufacturer to deploy Bill Me Later Business.

Bill Me Later Business is the first payment service to offer a multichannel approach to help suppliers meet the purchasing needs of business buyers. The payment offering simplifies the payment process and increases buyer purchasing power through special terms and financing options without requiring lengthy applications, credit cards or purchase orders. All purchases made through the service are tracked on one monthly bill and the account can be customized to accommodate multiple users and pre-set spending limits.

We deployed Bill Me Later Business to give our dealers more financing options in order to allow them to react more quickly to market conditions. The positive response was immediate, said Kyle Raabe, director of dealer sales at Generac. Our dealers find the sign up process quick and easy and appreciate the additional buying power that Bill Me Later Business affords.

Bill Me Later Business provides business suppliers with another way to increase orders while delivering flexible financing offers to their customers, said Mark Lavelle, vice president of corporate development at Bill Me Later, Inc. We work closely with our Bill Me Later Business customers to help them offer next-generation payments to their business buyers in a way that makes the purchasing experience faster, easier and more convenient.

Guardian by Generac Power Systems, the top selling automatic standby generator, offers the broadest generator product line in the industry. Guardian generators are available through an extensive dealer network experienced and knowledgeable in the sale, installation, and service of standby power.

Bill Me Later, Inc. allows retailers to simplify the payment experience to capture lost sales, increase customer loyalty and maximize profits. Through a single implementation of its Bill Me Later product suite, merchants gain access to a set of technology solutions, including Bill Me Later® and its unique integrated marketing programs and financing offers, Bill Me Later® Business, and a private label credit card program.

For more information on Bill Me Later Business, visit www.billmelaterbusiness.com.

About Bill Me Later, Inc.

Bill Me Later, Inc. is a new breed of technology company, offering next-generation payment and marketing solutions. The company is a leader in the digital payments industry with its popular Bill Me Later® product and flexible financing programs. The rapidly growing Bill Me Later network enables top-tier retailers and travel providers to attract high value customers with an effortless payment experience. In the small business sector Bill Me Later, Inc. is pioneering payments with the Bill Me Later® Business service tailored specifically for the small business buyer.

The Bill Me Later, Inc. network includes hundreds of top-tier merchants including Amazon, Apple, Borders, Bluefly, Continental Airlines, eLUXURY, Fujitsu, JetBlue, Toshiba, Toys R Us, US Airways, Walmart.com and Zappos. Millions of consumers rely on the safety and convenience of Bill Me Laters payment solutions when shopping online, via phone and in-store.

Founded in 2000, Bill Me Later, Inc. is a privately held company headquartered in Timonium, Md. with additional office locations in Hunt Valley, Md. and San Francisco, Calif.

Please visit us at: www.billmelater.com.

About Generac Power Systems, Inc.

Since 1959, Generac Power Systems, Inc., has been a leading, innovative manufacturer and marketer of standby generators, automatic transfer switches, modular paralleling systems, and small engines for recreational vehicle, residential, commercial, telecommunications and industrial applications. Generacs generators range in output from three to 9,000 kilowatts. For more information on Generac or its products, visit www.generac.com.

All trademarks referenced in this press release are the property of their respective owners.

Schwartz Communications
Jennifer Barlow or Scott Love, 781-684-0770
billmelater@schwartz-pr.com


Copyright © 2008 Business Wire. All rights reserved.



Article : Generac Launches Bill Me Later Business to Offer Payment Flexibility to Its Dealers
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